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AUSTRALIA: David Jones takeover gains final approval

2014-07-17 16:42:43| Daily apparel & textile news and comment - from just-style.com

The takeover of department store operator David Jones by South African retail group Woolworths Holdings has been given the go-ahead by the Federal Court of Australia.

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David Jones $2bn takeover approved

2014-07-17 13:33:10| BBC News | Business | UK Edition

The multi-billion dollar sale of Australian department store David Jones to South Africa's Woolworths Holdings is approved by a court in Sydney

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Joy Global stock jumps on speculation that it's a takeover target

2014-07-16 22:35:09| Industrial Machines - Topix.net

Speculation over Joy Global Inc. possibly being a takeover target may be part of the reason for its stock shares' rise Wednesday, according to a story by Bloomberg.com.

Tags: stock global target joy

 

Time Warner rejects 20th Century Fox takeover bid

2014-07-16 16:20:00| Telecompaper Headlines

(Telecompaper) Time Warner announced that it rejected an unsolicited takeover offer from 21st Century Fox. The latter offered 1.531 of its own Class A non-voting shares and USD 32.42 in cash for each Time Warner share. Time Warner concluded that this did not provide sufficient value for shareholders. It decided not to enter into negotiations with 21st Century Fox, as the board expects that Fox will not be able to offer a significantly better bid. In addition to preferring its own strategy, Time Warner questioned the value of Fox's shares, recentl created from the break-up of News Corp, and Fox's ability to lead the bigger company created from a merger with Time Warner. Fox confirmed it made the offer last month, and the companies are no longer in talks. 

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Perrigo shares down on Tuesday after takeover talk on Monday

2014-07-16 06:41:30| Agriculture - Topix.net

He said there aren't many big drug companies on deck to buy the over-the-counter and generic prescription drug maker.

Tags: on talk monday tuesday

 

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